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9 hours, 49 minutes ago Inflation falls, another 1% rate cut?
INFLATION has fallen the most in six years, sparking expectations that the Reserve Bank will cut interest rates by at least 75 basis points and possibly a full 100 bps.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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AVJ & former CEO look to bright futures
Iconic Australian development company AVJennings has shocked the property industry by parting company with its long term chief executive Louis Milkovits.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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Analysts slash Valad to 5 cents
CITIGROUP’s Citi Investment Research has lowered its price target for Valad Property Group (ASX: VPG) from 46 cents to just 5 cents.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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Credit crisis barks at Nakheel
NAKHEEL Property Group, led by former Investa CEO Chris O’Donnell, is scaling back activity, laying off 500 workers and suspending work on the $2.9 billion Trump Tower.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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Business as usual for Rubicon trusts
THE Rubicon America, Japan and Europe property trusts confirmed that it is business as usual.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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Babcock & Brown Japan debt safe
THE Babcock & Brown Japan Property Trust yesterday confirmed it is within bank covenants and has no debt maturing prior to March 2010.
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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Stamp duty soar by 59% in five years
COMMERCIAL and residential property buyers have been slugged with almost $53 billion worth of stamp duty - which states and territories promised to abolish for a slice of the GST, ...
Propertyreview.com.au - 10:12 p.m. Monday 1st December 2008
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1 day, 9 hours ago Discount $2 placement was worth it
FKP Property Group defended rejecting Lend Lease’s $5 bid as “undervalued” but believes the 50% plus discount $2.00 placement to Stockland was well worth it.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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Record Realty to divorce with Allco
RECORD Realty Trust (ASX: RRT) is accelerating its strategy to break ties with Allco Finance Group.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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AXA property fund shelves sale
AFTER axing plans to publicly float its $1 billion Wholesale Australian Property Fund, AXA has also shelved plans to divest the properties in the portfolio.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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No distribution for APN & AEZ
APN Property Group (ASX: APD) and APN European Retail Property Group (ASX: AEZ) have downgraded distributions forecasts for the 2009 fiscal year.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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GPT raises $1.6bn
GPT has completed a $1.6 billion capital raising and reduced its balance sheet gearing reduces to 28.8% (look-through gearing to 41.5%).
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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Auctions fight to stay alive
THE residential auction market recovered slightly last weekend for the first time since the November interest rate cut.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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Jailed developer gets fined
QUEENSLAND property develop Lorenzo David Suarez, also known as Laurence Suarez, was convicted in the Brisbane Magistrates Court.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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REIA re-elects president
THE Real Estate Institute of Australia has re-elected Victorian Noel Dyett as president for 2009.
Propertyreview.com.au - 10:49 p.m. Sunday 30th November 2008
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